At a Glance
Average Property Price - PO13
£306,555
44
National percentile
Average Monthly Rent - PO
£1,187
62
National percentile
Average Net Household Income - PO13
£41,654
65
National percentile
Flat / Maisonette Yield - PO
6.2%
83
National percentile
10-Year Annualised Price Growth - PO13
4.0%
66
National percentile
10-Year Annualised Rent Growth - PO
4.1%
58
National percentile
Property Price & Volume Trends
The average property price of £307,000 sits slightly below the national median, placing it in the middle range nationally. Over the past decade, prices have grown at 4.0% annually, which represents above-average growth relative to UK markets. Transaction volumes have moderated recently, with 396 sales in the latest full year against a 10-year average of 503, suggesting a slight cooling in activity.
Rent & Yield Trends
Monthly rents average £1,187, positioning the area above the national midpoint for rental costs. Rent growth over the past decade has tracked at 4.1% annually, broadly in line with national trends. The current flat yield of 6.2% is notably above its own 10-year average of 5.1%, indicating improved returns for buy-to-let investors in recent times.
Income & Affordability Trends
Average household income of £41,654 sits above the national average, reflecting relative prosperity in the area. The price-to-income ratio stands at 7.2x, having risen from 6.1x in 2016, suggesting that affordability for owner-occupiers has tightened somewhat over that period. Rental affordability has also weakened; the rent-to-income ratio has risen from 28.9% to 32.1% since 2016, indicating that renters now dedicate a larger share of income to housing costs.
Resident Demographic Profile
The population is notably older than average, with 21.1% aged 65 and over compared to the national figure of 19.6%, whilst those aged 16–24 are underrepresented at 9.3% against 11.0% nationally. Housing tenure reflects a preference for owner-occupation; 34.1% own outright and 29.1% with a mortgage, together accounting for over 63% of households. The employment profile is distinctive for a strong concentration in technical roles (15.4% versus 13.2% nationally) and caring professions (11.8% versus 9.2%), offset by fewer managers and professionals than the UK average.